Are You Willing to Share?
When Stephen Barnes set up the Hong Kong Visa
Centre, he knew that the secret to business success
lay in giving away his knowledge, not charging for it. In
a twist to the way businesses often jealously guard their
expertise, Barnes decided to share his insights with
visa applicants as often as possible, free of charge.
In doing so, he employed a pract ice commonly
known as ‘content marketing’. Companies using
content marketing typically develop and share useful
information in order to engage, help, and ultimately
sell to their customers and prospects. But actual sales
messages, if any, are kept to a minimum. By focusing
entirely on their audience’s needs, and delivering
content to support those needs, companies benefit
from improved lead generation, increased brand
recognition, and better customer engagement.
The practice is growing globally. The industry’s Content
Marketing Institute (CMI) recently found, for example,
that 61% of marketers in Australia plan to increase
their content marketing budgets in 2013. Meanwhile,
Dominic Masterton-Smith, Director, Human Communications
adoption among business marketers stands at 95% in
the UK, 91% in North America, and 98% in Australia,
according to the CMI.
Content marketing isn’t a new idea. In fact, one of the
earliest known examples was a customer magazine
published by US tractor maker John Deere. The date
was 1895. What has changed, however, is the ease
of sharing content. With low barriers to entry and the
ability to control one’s own distribution—for example,
through a website or email newsletter—companies can
reach a global audience at a very low cost.
One business, Kuno Creative, saw online sales leads
increase by more than 600% when it switched from
traditional search engine optimisation (SEO) techniques
to content marketing. In a video discussing its success,
Chad Poll i tt, the company’s Director of Inbound
Marketing, says, “Businesses are in the business of
solving people's problems… So, the content you
produce needs to centre on solving people’s problems,
because that's what people want.”
Bus i ne s s
In today’s digital world, content marketing is a practice
that has particular benefits for small and medium-sized
enterprises (SMEs) seeking a wider online audience. By
providing answers to common questions, companies
can demonst ra te the i r va lue and d i f fe rent ia te
themselves from their competitors. These SMEs are
also more likely to reach prospective customers in the
first place, as they will naturally use the same phrases
those people are using to search online.
A US company installing fibreglass swimming pools
may seem an unlikely content marketing champion.
But Marcus Sheridan, an owner of River Pools, first
explored the practice when sales dropped in the
struggling economy in 2008. His approach was simple.
He decided to use a blog to answer the questions his
customers most frequently asked, including the one
competitors dared not answer: ‘How much does a
typical pool cost?’. The approach was so successful
that visitors to River Pools’ website soared, as did the
company’s sales.
There are, however, some challenges for those new
to the practice. Many SMEs are put off because they
don't know where to start, worry about not having
enough to say, or don’t have the time or resources
to commit to a regular publishing schedule. But, by
focusing on customers’ typical concerns, even the
smallest company can produce relevant and helpful
content. A business might, for example, write about an
industry trend and its likely impact on customers, or
develop case studies showing how existing customers
have overcome their business problems using the
company’s services.
Businesses concerned about meeting a regular
publishing schedule may also benefit from an editorial
calendar that maps out content in advance. If, for
example, a business owner is speaking at an industry
conference one month, it’s easy to turn that speech
into an article the next month. Alternatively, a company
might develop one or two reports each year, from
which it can then create several shorter blog posts or
podcasts.
At the Hong Kong Visa Centre, Barnes
has built a huge online resource of
blog posts, case studies, and short
videos, al l aimed squarely at those
seeking help with visa applications.
“It’s all about answering questions and
solving problems,” he says. “It’s about
portraying your knowledge and gaining
a level of trust and goodwill from your
audience.”
“We structured our content in such a
way that customers stand a really good
chance of being able to find us online,”
he says. “If it becomes immediately
apparent that we know what we're
talking about and that there is the opportunity for them
to have all their problems addressed for free, our hope
is that when they're ready for professional assistance,
they'll come our way rather than going elsewhere.”
For SMEs in today’s digital environment keen to reach
new prospects, increase customer engagement
and, ultimately, improve sales, the lesson is clear.
Increasingly, it pays to share.
For further information, please email dominic@human-
communications.com
Britain in Hong Kong 2120